124 Opal AveBessemerAL35023
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Bessemer at 124 Opal Ave, Bessemer, AL, 35023 with 5% annual appreciation on a $174,900 basis while $1,759/mo rent supports operations. Total monthly income totals $1,759/mo and a $856/mo payment preserves $761/mo for cash returns. Annual cash flow comes to $9,129/yr on $57,979 deployed, and return on cash invested reaches 35.65% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,322 alongside rental yield of 12.07%. Five-year ROI measures 186.64% and total cumulative return in cash totals $108,216.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,759/mo property income versus a $856/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1971
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35023, Bessemer, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,221 (100%) |
| Owner Occupied HU | 6,968 (68.2%) |
| Renter Occupied HU | 2,300 (22.5%) |
| Vacant Housing Units | 953 ( 9.3%) |
| Median Home Value | $199,244 |
| Average Home Value | $272,900 |
Housing Distribution
Address Breakdown
Residential
10,058
Single Family
9,984
Multi-Family
74
Businesses
652
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Listed by: Doug Yarbrough • Metro Real Estate Group LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21392757
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.